THANGAMAYLGems, Jewellery And Watches

Thanga Mayil Jewellery Ltd โ€” PE Ratio & Valuation Analysis

โ‚น3425.90
-4.66%
Current P/E56.85xPrice to earnings
Industry P/E28.63xSector average
4Y Avg P/E63.7x10.8% below avg
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98.6% Premium to Industry
THANGAMAYL P/E 56.85x vs sector avg 28.63x
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Historical PE Ratio

202576.7x202444.7x202353.0x202280.4x
YearEPS (โ‚น)Year-end PricePE Ratio
2025โ‚น42.00โ‚น322276.7x
2024โ‚น43.93โ‚น196244.7x
2023โ‚น28.16โ‚น149153x
2022โ‚น13.61โ‚น109480.4x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

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Understanding Thanga Mayil Jewellery Ltd Valuation

Thanga Mayil Jewellery Ltd (THANGAMAYL) currently trades at 56.85x earnings. The Gems, Jewellery And Watches sector average PE is 28.63x. THANGAMAYL commands a premium, reflecting high growth expectations. Historically, THANGAMAYL has traded at an average PE of 63.7x โ€” it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ€” not investment advice.

ROE
14.88%
Dividend Yield
0.37%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.